Developers are to make a speculative start on a 100,000 sq ft Scottish logistics scheme as supply of good floorspace tightens around Glasgow.
J & Smart is to launch a 20,000 sq ft first phase at the scheme at Belgrave Point, Bellshill, east of Glasgow city centre.
The development’s first phase, due for completion in May 2016, is being marketed for lease by Colliers International and JLL and will provide a prime located high quality industrial warehouse/manufacturing facility with dedicated yard.
Bellshill Industrial Estate is close to both the M8 and M74 motorways. Nearby occupiers include DHL, Muller Wiseman Dairies, TNT and Devro.
Iain Davidson, director of Industrial & Logistics at Colliers International in Glasgow, said: “This is a much needed development given the way demand for high quality industrial space has soared in the last year, as the economic recovery takes hold.
"Built to shell specification, the building will provide occupiers with the unique ability to tailor offices and staff welfare facilities to their ideal size and specification.”